There are a lot of asset allocation software choices for the professional – Morningstar’s Encorr, MSCI Barra – but not many for the individual. Very few are web based, and most are very expensive.
What are some good sites out there besides AssetPlay?
(I’ll update this post with $$ and links as I get to it.)
Zephyr AllocationAdvisor ($5,000) Mean-variance optimization (MVO), Black-Litterman, etc.
Pertrac Analytics ($5,500 – $8,300 /year)
SmartFolio ($600 – $6,000) Multi-period MVO, Black-Litterman, etc.
Morningstar’s Encorr ($10,000 / year)
Windham Portfolio Advisor ($12,000/year), Financial Planner ($6,000/year), Planner Express ($1,800/year)
Efficient Solutions ($70-$170 one time) Single and multi-period MVO, Monte Carlo.
DynaPorte ($20,000 /year) Macro factor based tactical asset allocation.
FastTrack ($400-$700/year) Poor man’s version of FastBreak.
FastBreak ($500, Pro $1,800) Mutual fund and stock trading system to test and trade strategies using fund rotation. Pro version features genetic algos.
Quantext ($100 – $180/year) Portfolio simulation.
